A large Korean car manufacturer has just built a new model car which it is going to sell in Canada.In Korea the car will be sold for the Canadian equivalent of $25 000.00 but to get into the market in Canada the car will be sold for $15 900.00 Canadian.In this case,the company has engaged in

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The company is selling the car in Canada for significantly less than what it sells for in Korea, which is an example of dumping. Dumping is when a company exports a product at a lower price than it sells for domestically, which can harm domestic industries in the importing country.

A Large Korean Car Manufacturer Has Just Built a New